Lam Research Officer Files Form 144 Notice to Sell $17.41M in Common Stock

Executive Summary

On September 2, 2026, Varadarajan Seshasayee, an Officer at LAM RESEARCH CORP ($LRCX), submitted a Form 144 notice declaring an intent to sell 59,750 shares of common stock with an aggregate market value of approximately $17.41 million.

Transaction Breakdown

• Securities to be Sold: 59,750 Common shares.
  • 20,000 shares originated from restricted stock vesting on March 1, 2026.
  • 39,750 shares acquired via stock option exercise on September 2, 2026.
• Aggregate Market Value: $17,406,370.00 (~$291.32 per share).
• Rule 10b5-1 Trading Plan: The sales are scheduled under a pre-established trading plan adopted on May 4, 2026.
• Broker: Fidelity Brokerage Services LLC.

Market Impact & Context

The planned disposition represents approximately 0.005% of the company's 1,251,321,000 outstanding shares. Given that the transaction is being executed under a Rule 10b5-1 trading plan established four months prior and is tied in part to stock option exercises, market impact is anticipated to be standard and non-disruptive.